What is it

To create a single, continent-wide market for goods and services in Africa, aiming to boost intra-African trade, foster economic diversification,

To strengthen the continent's global competitiveness.

To eliminate tariffs and non-tariff barriers, facilitating the free movement of goods, services, and people. Ultimately,

To promote economic growth, reduce poverty, and enhance Africa's overall development. 

Department: Market Access

Start date: March 21, 2018

website: www.example.com

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Campaign Description

The Africa Continental Free Trade Agreements was established to create a Single Unified Market for goods and services to facilitate free movement of people and investment.

 

It aims to Boost Intra-African Trade by increasing trade between African countries by eliminating tariffs and non-tariff barriers, such as customs delays. It further aims to grow Industrialization and Development by encouraging economic growth, industrialization, and diversification across the continent.  

 

It Promote's inclusive socio-economic development through gender equality, and structural transformation. The Agreement was entered into force on 30 May 2019. The operational phase launched on 7 July 2019. Trade under this agreement commenced on 1 January 2021.

AfCFTA Goals

The  main objectives of the AfCFTA are:

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